National Mortgage Corp. of America v. Stephens

OPINION

OSBORN, Chief Justice.

This is an appeal in a suit for conversion from a judgment based in part upon a partial summary judgment, in part upon an instructed verdict and in part upon a jury verdict. We affirm in part and reverse and render in part.

The basic facts are not in dispute. In 1981, Noma Stephens purchased a mobile home and executed a retail installment contract. The contract required her to maintain comprehensive physical damage insurance on the home with a loss-payable clause in favor of the owner of the contract. The mobile home was destroyed by a fire on November 17,1982. In…